1 Mil Gross Renowned NYC Bike Shop

Manhattan, NY
New York County

Asking Price: Annual Revenue:
$800,000 $1,055,359

Retail: Sporting Goods, Recreation

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RE: 1 Mil Gross Renowned NYC Bike Shop Broker: Mitchell Kaplan

Quick Facts

Asking Price: $800,000
Annual Revenue: $1,055,359
Net Profit: Not Disclosed
Cash Flow: $107,698
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: Not Disclosed
BBN Listing #: 54542979
Broker Reference #: 6300mk

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Business Overview:

High-end NYC bike shop, well-established (10 years) with a great reputation and following. Name and trademarks are well-recognized in NYC and also drawing international business. High-value road bike brands w/ territorial exclusivity. Fully functional e-commerce website and first page ranking with many search engines. Loyal and dedicated sales people and mechanics. Owner willing to stay on for an extended period of time. Call Mitch for more information.

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Property Features and Assets:

Seasonal employee count: WINTER (Oct.-Mar.)= Sales: 2 Full Time, 1 Part Time; Mechanics: 1 Full Time, 1 Part Time (1 day), ON SEASON (Apr.-Sep.)= Sales: 3 Full Time, 2 Part Time; Mechanics: 2 Full Time

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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